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Minneapolis, MN, December 20, 2007 – Honeywell (NYSE: HON) today announced
it has completed the acquisition of Hand Held Products, Inc., a privately held Automatic
Identification and Data Collection (AIDC) company, for approximately $390 million.
Hand Held will become a new line of business, called Honeywell Imaging and Mobility,
within Honeywell’s Security Group.
“This is a great investment for Honeywell. Hand Held significantly strengthens and
broadens Honeywell’s portfolio, particularly in wireless innovation and the high-growth data
collection and communication space,” said Ben Cornett, President of Honeywell Security.
“Hand Held is poised for growth, with strong positions in key vertical markets that complement
ACS’s existing technology and solutions.”
“Becoming part of Honeywell begins a new and exciting chapter for Hand Held,” said
Kevin Jost, President, Honeywell Imaging and Mobility business. “By joining one of the world’s
leading technology companies, we will be able to deliver greater value and a more
comprehensive offering of world-class solutions to our customers.”

Honeywell International is a $34 billion diversified technology and manufacturing leader, serving customers
worldwide with aerospace products and services; control technologies for buildings, homes and industry; automotive
products; turbochargers; and specialty materials. Based in Morris Township, N.J., Honeywell's shares are traded on
the New York, London, and Chicago Stock Exchanges. It is one of the 30 stocks that make up the Dow Jones
Industrial Average and is also a component of the Standard & Poor's 500 Index. For additional information, please
visit » www.honeywell.com.

This release contains “forward-looking statements” within the meaning of Section 21E of the Securities Exchange
Act of 1934. All statements, other than statements of fact, that address activities, events or developments that we or
our management intend, expect, project, believe or anticipate will or may occur in the future are forward-looking
statements. Forward-looking statements are based on management’s assumptions and assessments in light of past
experience and trends, current conditions, expected future developments and other relevant factors. They are not
guarantees of future performance, and actual results, developments and business decisions may differ from those
envisaged by our forward-looking statements. Our forward-looking statements are also subject to risks and
uncertainties, which can affect our performance in both the near- and long-term. We identify the principal risks and
uncertainties that affect our performance in our Form 10-K and other filings with the Securities and Exchange

Veronika Bliem & Christiane Bürk

LEWIS – Global Public Relations
Baierbrunner Str. 15
81379 München

Tel: +49 89 173019 41
Fax: +49 89 173019 99
Cell: +49 179 53 96 100
Web: http://www.lewispr.com / http://www.lewispr.de
Agency blog: www.lewis360.com

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